WSJ Economist: Ron Paul's 0% Income Tax = Massive Insourcing of Jobs into America

[SongSungAU]

WSJ Economist: Ron Paul's 0% Income Tax = Massive Insourcing of Jobs into America (5 min 00 sec):
http://www.youtube.com/watch?v=BjCq6woC_hg

[Not Sure]

More lies. "0% income tax" = huge increases in profits for corporatists on the Chinese-made goods they will still make there.

Tariffs - "protectionism" - is the only way American industry can be reconstructed. And there is absolutely nothing shameful about that.

[ToBeSelfEvident]

The Income Tax has nothing to do with the functioning economy, except as a shackle holding it back. The tax is a component of the Federal Reserve System and is used to "retire" a portion of our debt-based currency. Read the Grace Commission Report. Not one cent goes to run the govt or provide services for citizens - it all goes to the Fed.

[GOLD DUCK]

QWAK,It is NOT what is TRUE or NOT that matters it is what PEOPLE want to BELIEVE that makes is easy to MINIPULATE groups of indiviguals that operate on a COLECTIVE LEVEL with out personal THOUGHT or EVALUATION --- promiss them ANY THING FREE and TAKE EVERY THING to pay for it in the FUTURE!

The SYSTEM can NOT be FIXED or REPARED it must TOTALY CRASH so it can be REPLACED with somthing BETTER!

No way around,under or over what must happen only THREW the FIRE can the CORUPTION be CLEANSED and HONOR be restored and TRUST be EARNED threw ACTIONS and not just WORDS!

the DUCK

[TnAndy]

While I'm 100% behind abolishing the FED and the need for the income tax to pay this bunch of vipers, I rather doubt doing so will affect job creation.....after all, they have managed to move 50% off the income tax rolls already, and job creation hasn't followed.

They must also abolish most all taxation of business, which is really nothing but double taxation of the people that invest in business....the owners, the shareholders....and drop the socialist nonsense notion that business "pays" taxes. They don't. People pay taxes, either in the form of income NOT received ( taxed before they get it ), or in the form of higher prices for goods/services as tax is passed on in the form of simply another business expense.

Abolishing most business tax would return this country to a true capitalist island in a whole world of socialist nations.....business would flock here by the boatload.

[Rusty Shackelford]

Got to agree agree with Andy. Zero personal income tax will have no effect on job creation. It will give those that are employed greater discretionary income to save or buy or invest. But that does not mean Corporate America that has chosen to relocate out of country will come back. It just means that the spent income taxes saved will still go to overseas employment. Personal income taxes in the US have no effect of making things cheaper for a business or corporation because businesses do not pay yours or mine income taxes. The biggest cost most all employers have is their staff/workers. Tax rates and such are meaningless when American employees are paid several 100's to 1000' s of a percent greater wage then what they pay in emerging third world countries.